LA BOISERIE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
LA BOISERIE
NACE 46.831, Wholesale of construction materials, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€24,799
2024 · -€9,986+€34,785
Equity
€2.9m
2024 · €3.0m-€72,647
Cash
€822,015
2024 · €339,299+€482,716
Balance sheet total
€6.5m
2024 · €6.5m+€46,783
Largest movements
Assets
- Cash +€482,716
up €482,716 (+142%), from €339,299 to €822,015
mainly Receivables within one year (+€375,894) and Depreciation (+€365,471)
- Receivables within one year -€375,894
down €375,894 (-34.0%), from €1.1m to €728,985
of which Trade receivables: -€189,951
- Stocks and contracts -€163,123
down €163,123 (-6.9%), from €2.4m to €2.2m
- Deferred charges and accrued income +€67,108
up €67,108 (+529%), from €12,688 to €79,795
Equity and liabilities
- Short-term financial debts -€105,131
down €105,131 (-15.5%), from €676,742 to €571,611
- Reserves -€90,000
down €90,000 (-3.3%), from €2.7m to €2.6m
of which Distributable reserves: -€90,000
Income statement
- Turnover -€11.1m
no longer reported in 2025 (was €11.1m)
- Purchases and services -€9.4m
no longer reported in 2025 (was €9.4m)
- Gross operating margin +€230,400
up €230,400 (+12.9%), from €1.8m to €2.0m
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
-€9,986
Gross operating margin
+€230,400
Staff costs
-€105,969
Depreciation
-€67,059
Write-downs
+€5,824
Other operating charges
+€1,344
Other operating items
-€5,354
Financial income
-€3,830
Financial charges
-€12,751
Taxes
-€7,820
Result 2025
€24,799
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.0m
Investment
-€401,448
Financing
-€134,197
Cash 2024
€339,299
From operations (derived)
+€1.0m
Net result for the year
+€24,799
Depreciation
+€365,471
Stocks and contracts
+€163,123
Receivables within one year
+€375,894
Deferred charges and accrued income
-€67,108
Trade debts
+€30,560
Tax, wage and social debts
+€64,510
Other debts
+€60,734
Accrued charges and deferred income
+€377
Investment (derived)
-€401,448
Investment in fixed assets (net)
-€401,448
Financing
-€134,197
Debts after one year
+€53,886
Current portion of long-term debt
+€14,495
Short-term financial debts
-€105,131
Contributions, distributions and other
-€97,446
Cash 2025
€822,015
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,470,033 | €6,516,815 | +€46,783 | +0.7% |
| Fixed assets | 21/28 | €2,655,018 | €2,690,995 | +€35,977 | +1.4% |
| Tangible fixed assets | 22/27 | €2,594,353 | €2,653,930 | +€59,577 | +2.3% |
| Land and buildings | 22 | €1,814,095 | €1,767,837 | -€46,258 | -2.5% |
| Plant, machinery and equipment | 23 | €99,455 | €292,994 | +€193,539 | +195% |
| Furniture and vehicles | 24 | €7,939 | €4,092 | -€3,847 | -48.5% |
| Leasing and similar rights | 25 | €672,864 | €589,008 | -€83,857 | -12.5% |
| Financial fixed assets | 28 | €60,666 | €37,065 | -€23,601 | -38.9% |
| Current assets | 29/58 | €3,815,014 | €3,825,820 | +€10,806 | +0.3% |
| Stocks and contracts in progress | 3 | €2,358,149 | €2,195,026 | -€163,123 | -6.9% |
| Stocks | 30/36 | €2,358,149 | €2,195,026 | -€163,123 | -6.9% |
| Amounts receivable within one year | 40/41 | €1,104,879 | €728,985 | -€375,894 | -34.0% |
| Trade receivables | 40 | €871,193 | €681,243 | -€189,951 | -21.8% |
| Other amounts receivable | 41 | €233,685 | €47,742 | -€185,943 | -79.6% |
| Cash at bank and in hand | 54/58 | €339,299 | €822,015 | +€482,716 | +142% |
| Deferred charges and accrued income | 490/1 | €12,688 | €79,795 | +€67,108 | +529% |
| Total equity and liabilities | 10/49 | €6,470,033 | €6,516,815 | +€46,783 | +0.7% |
| Equity | 10/15 | €2,955,374 | €2,882,726 | -€72,647 | -2.5% |
| Contributions | 10/11 | €74,395 | €74,395 | = | 0.0% |
| Capital | 10 | €74,395 | €74,395 | = | 0.0% |
| Issued capital | 100 | €74,395 | €74,395 | = | 0.0% |
| Reserves | 13 | €2,737,440 | €2,647,440 | -€90,000 | -3.3% |
| Non-distributable reserves | 130/1 | €7,440 | €7,440 | = | 0.0% |
| Legal reserve | 130 | €7,440 | €7,440 | = | 0.0% |
| Distributable reserves | 133 | €2,730,000 | €2,640,000 | -€90,000 | -3.3% |
| Profit (loss) carried forward | 14 | €2,065 | €26,863 | +€24,799 | +1,201% |
| Investment grants | 15 | €141,474 | €134,028 | -€7,446 | -5.3% |
| Amounts payable | 17/49 | €3,514,659 | €3,634,089 | +€119,430 | +3.4% |
| Amounts payable after more than one year | 17 | €1,860,912 | €1,914,798 | +€53,886 | +2.9% |
| Financial debts | 170/4 | €1,860,912 | €1,914,798 | +€53,886 | +2.9% |
| Amounts payable within one year | 42/48 | €1,653,256 | €1,718,423 | +€65,167 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €230,658 | €245,152 | +€14,495 | +6.3% |
| Financial debts | 43 | €676,742 | €571,611 | -€105,131 | -15.5% |
| Other loans | 439 | €676,742 | €571,611 | -€105,131 | -15.5% |
| Trade debts | 44 | €476,041 | €506,602 | +€30,560 | +6.4% |
| Suppliers | 440/4 | €471,258 | €506,602 | +€35,344 | +7.5% |
| Bills of exchange payable | 441 | €4,783 | - | -€4,783 | |
| Taxes, remuneration and social security | 45 | €267,549 | €332,058 | +€64,510 | +24.1% |
| Taxes | 450/3 | €91,769 | €146,955 | +€55,186 | +60.1% |
| Remuneration and social security | 454/9 | €175,780 | €185,104 | +€9,324 | +5.3% |
| Other amounts payable | 47/48 | €2,266 | €63,000 | +€60,734 | +2,680% |
| Accrued charges and deferred income | 492/3 | €491 | €868 | +€377 | +76.7% |
| Turnover | 70 | €11,089,899 | - | -€11.1m | |
| Non-recurring operating income | 76A | €59,186 | - | -€59,186 | |
| Goods, raw materials, services and sundry goods | 60/61 | €9,359,722 | - | -€9.4m | |
| Remuneration, social security and pensions | 62 | €1,413,085 | €1,519,054 | +€105,969 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,412 | €365,471 | +€67,059 | +22.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,824 | - | -€5,824 | |
| Other operating charges | 640/8 | €42,296 | €40,952 | -€1,344 | -3.2% |
| Non-recurring operating charges | 66A | €193 | €5,547 | +€5,354 | +2,774% |
| Gross operating margin | 9900 | €1,789,363 | €2,019,763 | +€230,400 | +12.9% |
| Operating profit (loss) | 9901 | €29,552 | €88,738 | +€59,186 | +200% |
| Financial income | 75/76B | €126,766 | €122,936 | -€3,830 | -3.0% |
| Recurring financial income | 75 | €126,766 | €122,936 | -€3,830 | -3.0% |
| Financial charges | 65/66B | €164,867 | €177,617 | +€12,751 | +7.7% |
| Recurring financial charges | 65 | €164,867 | €177,617 | +€12,751 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,549 | €34,057 | +€42,605 | |
| Income taxes | 67/77 | €1,438 | €9,258 | +€7,820 | +544% |
| Profit (loss) for the period | 9904 | -€9,986 | €24,799 | +€34,785 | |
| Transfer from tax-exempt reserves | 789 | €35,467 | - | -€35,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,480 | €24,799 | -€682 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.